Here comes services PMI ...
Markit Economics is set to release its latest services PMI report at 9:45 am ET, with ISM expected to follow with its non-manufacturing report on business at 10:00 am ET.
Expectations are for both measures to show service sector activity continued to expand in January at a pace similar to the prior month.
Markit's reading it expected to come in at 54.1, up slightly from 53.3 in December, while ISM's report is expected to come in at a 56.4, just below 56.5 in December.
Any reading above 50 indicates expansion in the sector, while readings below 50 indicate contraction.
We'll be back with the live numbers when they hit.